How To Transfer Money Instantly Between Banks With INTERAC

What’s the best way to transfer money locally, especially for smaller amounts? #interactransfer #moneytransfer #livingincanada

In this video I’ll walk you through how interac works, how much it costs, and what to look out for.
Share with me your thoughts and comments about this in the comments section!

// Skip to:
00:00 Other ways to transfer money
00:41 Why Interac is the best way to transfer money
00:50 Cost of Interac E-transfer
01:40 How Interac transfers work
work? (Things you need to transfer)
02:25 Walk through interac transfer (step by step)
03:00 About Autodeposit
03:38 Why to have Autodeposit on
04:26 How long does an interac transfer take?
04:41 Are there limits for interac transfers (sending and receiving)
05:25 Sending money internationally (and what service to use!)

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*** DISCLAIMER ***
I am not a lawyer, not an immigration agent, and not a financial advisor or tax consultant. I do not give out any advice about immigration. I only share my personal experience and knowledge gathered while living in Canada. Please always check out the official government website on all things related to visa, permits, immigration, university and college websites, etc for the latest updates, and do your own research with everything.

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[rwg]

I came here after watching a video from a woman who accepted and interact transaction and they tried to steal her money. I think it needs more security than what this lady is saying.

[ahmedkkkkk]

Thank you so much, it's very helpful.

[raczyk]

How do you sent the recepient the security answer? Do you sent it in the e-transfer? Or do you text them the answer?

[relaxingnature]

Timestamp: relevant video starts at 1:50

[EarninCryptoNep]

Hi if i have accounts on bank a and b both with same email, where will i receive the money to ? Bank a or b

[ndonwibride]

Can Money be move from bank to e transfer account balance?

[phillipanon]

How to inform the recipient the answer to the security question?

[Roses]

Does works this transfer in Europe too?

[Tonyscasa]

How do you transfer money via phone to phone #

[jennifferfernandez]

Great video. Thanks for sharing so worth information. Greetings from Colombia.

[tedusports]

Could we get international payments from intrac

[LadyINTJOfficial]

I need to transfer money to my friend who has a royal bank card shes going to be my roomate how do i transfer money from my bmo to her royal bank?

[HarneetKaurCanada]

What can i do if i transferred money to wrong email ?

[Kazieneco]

Does the transfer thing work in the US, if someone sends you money from Canada?

[wryltxw]

but since all you input is the email address, how does it know which bank account to send the funds to?

[irfanulhaq]

hi there!
I need your help.
one of my clients sent payment through Interac, how I withdraw the money now, i am from Pakistan and i have wise account

[tracyannedelacruz]

I'm from the Philippines how can i recieve interac

[GrafikoKdt]

My friend in Canada sent me 50 dollars through Interac but I am herw in Mexico and my current email and phone number is not linked to any of my bank accounts. Anybody know what I can do to get the money?

[gpod]

nice voice...rare that I notice these things😄

[zaini.]

Hi I'm in Pakistan how I can receive money here?